Novated Lease

Motor vehicle finance for employees through salary sacrifice.
Category: Leases  Last Updated June 3, 2026  Effective June 3, 2026

 General Lending Rates

Rates listed below are for a FIXED product. Additional Information Rate shown is indicative, current as at the time of publishing and is dependent on but not limited to the term of the finance, amount financed, suitability of the financed asset and credit assessment of the applicant. Fees, charges & Terms and Conditions apply.
Interest Rate
8.29% PA
Comparison Rate
0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
  Term
  • Lending Rate Type: Penalty
  • Interest Rate: 3.00%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:
  • Lending Rate Type: Discount
  • Interest Rate: 1.00%, Comparison Rate 0.00%
  • Repayment Type:
  • Loan Purpose:

 Product Features

  • Other Additional Information: Flexible Lease Structure: Customise the lease and repayments to your needs.
  • Other Additional Information: Get Fast Approval: It's easier to upgrade or replace financed assets if you have 12 months of good repayment history.
  • Other Additional Information: Quick and Easy: Get a fast quote over the phone or online. Sign your agreement online to avoid paperwork delays.

 Product Eligibility

  • Business Additional Information: Isn't going through the process of bankruptcy.
  • Min Age - 18. Additional Information: Aged 18 years or over
  • Other Additional Information: Eligible to work in Australia
  • Other Additional Information: An employed individual eligible for salary sacrifice arrangements with employer.

 Bank Fees and Charges

  • Specialised Transaction Fee (Event), Amount: 125.00. Additional Information: Fee charged per asset for buyback, private sale or refinancing from another financial institution.
  • Early Termination Administration Fee (Event), Amount: 654.50. Additional Information: Fee charged to process the termination of a contract before the contractual termination date.
  • Early Repayment Adjustment Fee (Event), Amount: Not Listed.. Additional Information: Fee charged when a customer repays prior to scheduled maturity (irrespective of the circumstances causing the early repayment) and the Bank makes a loss due to the pre-payment.
  • End Of Term Refinance Fee (Event), Amount: 544.50. Additional Information: Fee charged to refinance or roll-over the residual value under a facility.
  • Standard Documentation Fee (Event), Amount: 595.00. Additional Information: Fee charged to establish a facility.

 Limitations & Restrictions (Constraints)

  • Min Limit of 20000.00 Additional Information: 20000 minimum amount.

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